http://www.businessweek.com/the_thread/techbeat/archives/2006/06/web_20_goes_cor.html
The author’s off-beat and cynical view of Web 2.0 raises the question what is the true meaning of the term “Web 2.0”. Web 2.0 is truly just a word that Silicon Valleyners use to describe anything trendy and new in the web world. The phenomenon of Web 2.0 has been used to describe the second generation of the web community. Increasingly, corporations and mainstream society are adopting this terminology to extend to new emerging applications and using the web for social networking. As a layman, I still do not have a clear understanding of Web 2.0 after reading countless articles about this subject. Just as the author hinted, many people still are unfamiliar with this terminology even though many tech savvy people feels as though it has peaked. This overused, vague term carries no true definitive meaning. While the definition of Web 2.0 is still to be determined, in general, the basic characteristics are:
§ It is easy to get data in and out of the system
§ Users can usually modify their ideas
§ Used through a web-based browser “network as platform”
§ Data returns should be dynamic
§ Users can add value to the application as they use it
§ Some social networking
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